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Oaktree Specialty Lending

185 hedge funds and large institutions have $442M invested in Oaktree Specialty Lending in 2025 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 59 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 59

0.88% more ownership

Funds ownership: 37.55%38.43% (+0.88%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $452M → $442M (-$10.3M)

4% less funds holding

Funds holding: 193185 (-8)

19% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 32

30% less call options, than puts

Call options by funds: $700K | Put options by funds: $999K

Holders
185
Holders Change
-8
Holders Change %
-4.15%
% of All Funds
2.43%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
26
Increased
67
Reduced
59
Closed
32
Calls
$700K
Puts
$999K
Net Calls
-$299K
Net Calls Change
+$3.57M
Name Holding Trade Value Shares
Change
Change in
Stake
S
176
SignatureFD
Georgia
$1.7K -$1.1K -80 -38%
ETS
177
ESL Trust Services
New York
$1.3K +$1.38K +100 New
US Bancorp
178
US Bancorp
Minnesota
$1.19K -$5.88K -427 -82%
AIC
179
Archer Investment Corporation
Indiana
$787 +$14 +1 +2%
MHIP
180
Mountain Hill Investment Partners
New Jersey
$428 +$14 +1 +3%
N
181
Natixis
France
$287
QL
182
Quarry LP
New York
$131 -$16.4K -1,188 -99%
DB
183
Danske Bank
Denmark
$26 +$28 +2 New
TWC
184
TD Waterhouse Canada
Ontario, Canada
$13
HNB
185
Huntington National Bank
Ohio
$7
Balyasny Asset Management
186
Balyasny Asset Management
Illinois
-$8.56M -626,324 Closed
Manulife (Manufacturers Life Insurance)
187
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$3.55M -259,793 Closed
RWM
188
Rezny Wealth Management
Florida
-$2.57M -187,957 Closed
RRA
189
Round Rock Advisors
Connecticut
-$1.47M -107,369 Closed
PA
190
Pinnacle Associates
New York
-$1.36M -99,587 Closed
ACM
191
Arlington Capital Management
Illinois
-$941K -68,855 Closed
QT
192
Quantbot Technologies
New York
-$763K -55,820 Closed
FSG
193
Financial Strategies Group
Michigan
-$799K -55,428 Closed
BPA
194
Beacon Pointe Advisors
California
-$688K -50,352 Closed
OAM
195
Oxford Asset Management
United Kingdom
-$564K -41,267 Closed
MLIC
196
Mandatum Life Insurance Company
Finland
-$515K -37,714 Closed
PPW
197
Pasadena Private Wealth
California
-$395K -28,901 Closed
ACM
198
Adalta Capital Management
New York
-$349K -25,535 Closed
MG
199
Marex Group
-$344K -25,211 Closed
CGA
200
Crescent Grove Advisors
Illinois
-$325K -23,765 Closed

OCSL Hedge Fund Activity: Q3 2025 in Review

185 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2025, worth a combined $442M — down 2.3% from $452M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of OCSL and 26 opened new positions — a net loss of 6 holders — while 59 trimmed existing stakes and 67 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $9.66M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $8.56M sold.

  • 185 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2025, down from 193 in Q2 2025.
  • Funds reported $442M of Oaktree Specialty Lending stock for Q3 2025, down 2.3% quarter-over-quarter.
  • 26 funds opened new Oaktree Specialty Lending positions in Q3 2025 and 32 closed out, a net change of -6 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2025 was Rivernorth Capital Management, an estimated $9.66M added.
  • The largest Oaktree Specialty Lending seller in Q3 2025 was Balyasny Asset Management, an estimated $8.56M sold.

Based on aggregated 13F filings for Q3 2025.